Reputable & Well-known free standing dry cleaner in Northeast Dallas is available for acquisition. Established in 1997 and in mid 1998 was acquired by the current owner of the business. Competition should be expected for this industry, but the long 2 decade establishment has built credit and reputation to all locals nearby as well as wholesale customers. Majority of the customers are middle to upper class individuals in the nearby neighborhoods and organization who need wholesale cleaning services. Sales on average $50,000 - $55,000/month have been consistent throughout the last 3 years of operation. Monthly sales can be further increased if the owner were to reach out towards untapped resources for providing wholesale services to corporations or organizations. Although money mailer is used to market this business in the local area, more proactive marketing is necessary to full utilize this business. Reaching out to schools, churches, hospitals, and athletic teams where large quantities of uniforms are in need of constant cleaning will increase the sales greatly as well. Current sophisticated POS system in place is customized to this business only and drive-thru is featured making drop-off/pick-up extremely efficient. Services provided are dry cleaning, laundry, wholesale cleaning, and corporate accounts all done with very efficient perc dry clean machines. This prime dry cleaners located in a 15,224 SF plot of land with 3,000 SF allocated to business including a 800 SF of space available upstairs which can be leased for additional rental income which provides ample space for any interested buyer to make any necessary changes to enhance this operation and generate lots of cash flow.
Furniture, Fixtures & Equipment: $350,000 (Included in listed price)
Inventory: $7,500 (Not Included in listed price)
Real Estate: $1,100,000 (Included in listed price)
Financing: 100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 1997
Facilities: Located in a 15,224 SF of land with 3,000 SF allocated to the business. Prime free-standing location for Dry Cleaning business with all equipment in impeccable condition and in working order. There is an additional 800 SF rent-able space upstairs which can be possibly leased to offices like insurance or real estate for an additional rental income.Support/Training: Owner will provide training as well as the GM during a 2 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: Few competitors are within the immediate market area, but cause no issues to the operation due to the business establishing itself within the area for over 2 decades.
Growth And Expansion: Growth of the business has been on a steady increase since establishment and money mailer is used to market this business locally. Proactive marketing and reaching untapped areas for wholesale dry cleaning service will increase overall sales drastically.
Asking Price $1,590,000
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